Technology Industry
Technology Industry | News, how-tos, features, reviews, and videos
US Congress rolls back proposal to restrict use of Chinese chips
After business groups argued that proposed legislation to curb use of Chinese-made semiconductors would hurt national security, lawmakers amended it—but a final vote and the president's approval of the proposed National Defense...
UK competition agency launches inquiry into Broadcom’s $61B VMware buy
The UK’s Competition and Market’s Authority is the third regulatory body to announce it will be scrutinizing Broadcom’s proposed acquisition of VMware on anticompetition grounds.
AMD posts operating loss, but solid growth for data center, embedded segments
AMD’s quarterly results show a sharp loss in overall operating income, but the company’s data center and embedded businesses look strong enough to help the company weather difficult economic conditions.
Global monthly semiconductor sales drop as chip market takes another hit
Chip sales are in decline as the market faces major economic headwinds, most notably in mainland China.
Intel forced to cut jobs and spending as revenue continues to decline
Despite a plan to cut thousands of jobs and billions of dollars in annual spending, Intel remains vulnerable, say analysts.
Broadcom CEO: What the VMware merger will look like
Broadcom CEO Hock Tan says the goal of buying VMware is more and better products without raising prices.
IT spending to grow, as companies use tech to battle expected recession
Gartner says software and services will drive growth, while data center spending will also increase, though more modestly.
IBM sales jump shows the mainframe is not dead, with hybrid cloud alive and well
The company's third quarter financial report reveals a strong showing for mainframes as well as hybrid infrastructure, as total quarterly revenue hits $14 billion.
Micron to build largest chip factory in US history
Micron plans to build a memory chip fabrication plant in upstate New York that it said will be the size of 40 football fields and create about 50,000 jobs. It may spend up to $100B over the next 20 years on the facility.
Overdependence on PCs and servers drag Intel down
Macroeconomic headwinds weighed on Intel’s results, even as competitors show more resilience.
IBM Red Hat names Matt Hicks as president and CEO
Having joined Red Hat as a developer in 2006, the former vice president of product and technologies has taken over the role from Paul Cormier.
STMicroelectronics and Global Foundries to build new chip plant in France
The new project will receive “significant financial support” from the French government, as president Macron seeks to increase foreign investments in the country.
Cisco announces plan to exit Russia and Belarus
After first suspending operations in March 2022, the networking company has formally announced it will be quitting Russia.
Atos announces major restructuring plans in wake of CEO exit
The France-based IT company is exploring a potential separation into two publicly listed companies in order to increase focus on their respective markets.
VPN providers flee Indian market ahead of new data rules
The Indian government directive mandates VPN providers store information about their customers for up to five years.
Broadcom targets enterprise infrastructure with $61B VMware acquisition
The chipmaker’s acquisition of VMware is the latest in a lengthy string of high-ticket deals, as Broadcom moves to focus on its software portfolio.
Samsung beats Intel as top semiconductor seller as overall demand rises
Intel lost its place atop the 2021 semiconductor revenue list to Samsung, as global demand and revenue in the chip sector rose, according to Gartner.
